1 March 2023: Wednesday 01 March 2023 - 9:00am
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    Key features

    • Multi-let investment / Development opportunity
    • Part let to Fitness First Club Ltd
    • Rent reserved £1,358,603 per annum
    • Residential development potential (STPP)
    • Superb natural light from front and rear elevations
    • Generous ceiling height on each floor, circa 3.5m throughout
    • Newly refurbished common parts
    • Flexible floor plates
    • 2x passenger lifts
    • Goods lift
    • Forecourt with car parking
    • Approximate floor area 44,031 sq ft NIA (49,860 sq ft GIA)

    Description

    This mixed-use property totals 44,031 sq ft (4,090 sq m Net Internal Area) 49,860 sq ft (4,632 sq m Gross Internal Area) of flexible floor plates, with excellent ceiling height of circa 3.5m throughout, along with superb natural light on front and rear elevations. The self-contained ground and lower ground floors are let to Fitness First (a leading gym operator). This space benefits from an independent entrance at the front of the building. The upper floors are offices.

    The building benefits from a large forecourt at the front of the property, which currently provides 11 car parking spaces. There are also 2x passenger lifts and a goods lift serving the building. 


    Joint Agents Noble Harris

    Contact Matthew Noble 020 7291 6142


    Additional information

    Tenure

    Freehold

    Tenancy


    Rent

    Total current rent £1,358,603 per annum
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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The building is situated on the north side of City Road, close to the junctions with Colebrooke Row and Wakeley Street.

      Angel Underground station (Northern line) is situated within a three-minute walk and numerous bus routes operate in the immediate vicinity.

      The property is situated within a sought after residential area.

      Upper Street is within walking distance and provides a broad range of fashionable shops bars and restaurants.

      Angel Station is 0.2 miles distant and provides a swift link to the City and West End.

      Transport

      Angel Station - Underground, Northern Line

      Legal documents

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      EPC rating

      The EPC rating for this property is B

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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